TRUMP'S TARIFFS BACKFIRE! EU Auto Makers Threaten to Remove Cheap Cars From US Market 🤯

The European Union has (finally!) decided to stand up to Trump’s tariffs after another insane tariff threat by the US Administration. In response to auto tariffs being raised arbitrarily to 25%, European Commission President Ursula von der Leyen  said they are willing to fight for a fair deal, as major EU auto makers are reportedly threatening to pull their cheaper vehicle alternatives from the US market in retaliation. Let’s talk about this breaking news today.Tune into Episode 449 of The Bill Kelly Podcast for daily Canadian news updates.This news update was recorded on May 12, 2026.WATCH THIS EPISODE and subscribe to our channel: https://youtu.be/v74wY84eIAQ?si=WJ1Y6J6tpk8v4J5NJoin Bill’s LIVESTREAM every Thursday at 7 pm ET/4 pm PT! Watch last week’s Livecast here: https://youtube.com/live/CjSRCr00waA?feature=shareWATCH A RELATED EPISODE: US Auto Giants CALL OUT Greer, DEMAND Stop to Trump’s Tariffs on Canada, Mexicohttps://youtu.be/wHzVSTyC980?si=Mard66Jha4jXgDGdCanada Sues Stellantis Over Brampton Auto Plant Betrayal, and They Are Playing DIRTY! | Canada Newshttps://youtu.be/xv3KgButfoIUS Trade Report Says It's Okay for the US, But NOT For Canada! Trump's Tariffs News Updatehttps://youtu.be/nHnpqc8Bxo0FURTHER READINGJ.D. Tuccille: Trump’s auto tariffs are soaking American buyers, and it is getting worsehttps://nationalpost.com/opinion/j-d-tuccille-trumps-auto-tariffs-are-soaking-american-buyers-and-it-is-getting-worseWhen the Wheels Come Off: How Surging Auto Loan Debt Is Hurting Householdshttps://tcf.org/content/report/when-the-wheels-come-off-how-surging-auto-loan-debt-is-hurting-households/The Average Cost of Auto Payments in 2024: US vs. Canadahttps://finance.yahoo.com/news/average-cost-auto-payments-2024-190541931.htmlTariff Costs: New Car Prices Up 10% Since Last Yearhttps://www.kbb.com/car-news/tariff-costs-new-car-prices-up-10-since-last-year/ This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit billkelly.substack.com/subscribe